Well established bar and restaurant in the Central Valley, just off I-99 with $1.9 million in 2021 annualized revenues and profits of $500,000. 6,000 sq ft of fully renovated indoor space with an additional 550 sq ft patio and a ABC type 47 hard liquor license all included with the sale. 2019 annual sales revenue of $2million which had been consistent for the past 7 years and 2021 annualized financials being back to 2019 levels of Sales revenue with increased profits. See below!
Extremely low rent at $1 per sq ft, monthly only $6,000 with 14 years remaining on a very favorable lease. Fabulous Kitchen featuring a type 1 hood with fire suppression system, 12 burner stove with underneath refrigeration, flattop, broiler, double stack convection ovens under a type 2 hood, 4 double deep fryers, wall mounted salamander, 3 x 8ft refrigerated worktops, 16 ft deep walk-in, prep room with dry goods, 1200 pound ice machine, server refrigerated worktop, and all the toys - Robot Coupe R2, Berkel meat slicer etc etc. The glass door separates the bar from the dining room which has a 20 ft 'L' shaped hardwood top with seating for 10, plus seating for a further 40 at high tops and banquet seating all decorated with wall mounted horizontally stacked red wine and refrigerated white wine plus a dishwasher. Off the full bar is the private dining room with seating for 50. The dining room has a classic low maintenance painted concrete floor, many booth tables and high quality wooden rectangle & round tables and hardwood chairs with seating for 130 all set in a modern style with partition walls giving the ability to host private parties. The covered outdoor patio has the same dining room quality furniture and feel with a gas fireplace with ambient lighting and foliage. Total seating capacity 280 with a large entryway with ample waiting area and seating and parking for 100+. To receive more information and discuss this opportunity with the broker along with the broker's connections for a long term SBA loan solution please complete the 'Non-Disclosure Agreement' on our website and we'll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
- Current Owner2019
- Reason For SaleOther Interests
- Square Feet6,000 + 550 Patio
- LicensesHealth, Business and ABC type 47 Transfer
- Open HoursMon Closed Tue 4:00 PM - 9:00 PM Wed 4:00 PM - 9:00
- Yearly IncreaseContact For Info
- OptionTwo 5 year Options
- Monthly Revenue$160,000
- Monthly Cash Flow$41,500
- Annual Revenue$1,900,000
- Annual Cash Flow$498,000
- Down Payment$Contact For Info
- Note Balance$Contact For Info
- Terms of NoteContact For Info
- All CashContact For Info
DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.